Mactac® Engineered Tapes & Laminates announces the launch of two Macbond® industrial tape product lines

Huhtamaki, a key global advanced manufacturer of sustainable packaging solutions, announced plans to expand its molded fiber product manufacturing unit in the city of Hammond, Indiana, as part of its investment in Fiber Solutions. The investment, which is expected to start ramping up towards the end of 2023, will enable Huhtamaki to better serve existing and new customers in North America with a broad range of sustainable, fully recyclable and compostable, fiber-based packaging solutions, manufactured from 100% recycled North American raw material. “The investment in this new manufacturing capacity, adjacent to our existing site in Hammond represents our strong belief in the future development of the region and in the continued success of our customers – both current and new. The expansion will introduce new sustainable fiber-based products such as egg cartons and cup carriers – manufactured on state-of-the-art machinery developed by Huhtamaki – to our portfolio in the region and drive production efficiency. Our know-how in key packaging technologies and our strong track record in sustainability make us extremely well positioned to support our customers and deliver on their sustainability agendas and goals with innovative solutions”, says Charles Héaulmé, President and CEO of Huhtamaki. Amounting to a total investment of almost USD 100 million, the expanded facility covers circa 23,000 square meters and will be built adjacent to Huhtamaki’s existing Hammond manufacturing unit. Huhtamaki has operated in Hammond, Indiana, since 1948 and currently has approximately 140 employees. It expects to employ a further 100 new employees when fully operational.

I am delighted to be able to share with you the news that on February 22, 2023 TASKI acquired substantially all of the assets of NSS Enterprises, Inc. The joining of TASKI and NSS will provide an expanded product offering to you, as well as expanded local resources, including sales, customer service and technical support. Toledo, OH production facilities will continue to service NSS customers, as well as expand TASKI’s footprint in the U.S. The acquisition reinforces TASKI’s dedication to expand our service and support of your business. U.S. production will allow TASKI to improve its time to market, and NSS will benefit from the synergies created by the acquisition. You will also benefit from the global research, development and innovation excellence for which TASKI is renowned. Over the coming months, a dedicated team will work through the beginning stages of integrating the two businesses, with customer service and technical support as the key focus areas. We commit to keeping you informed of the process and will provide regular updates. In the coming days and weeks, the team will be spending time with customers to discuss and explore the benefits of the TASKI-NSS enhanced offering. If you have any questions, please feel free to speak to your NSS and/or TASKI sales representative, who will be happy to discuss, in more detail, the benefits TASKI-NSS can bring to your business.

Huhtamaki has sold its confectionary trademark portfolio to Highlander Partners, a US based investment firm. Related to the sale, an after taxes gain of approximately USD 16 million will be booked as an item affecting comparability (IAC) during the second quarter of 2018. The sold trademark portfolio was related to Huhtamaki's confectionary business divested in 1996.